Tips On How To Sell My Car In New Jersey

Transferring the ownership of a vehicle is not a complicated process. It could take as short as a day if you know what is expected of you. Find out all the information about transferring ownership of vehicles before you sell your car. Important things that you will need include the title for the vehicle as well as the bill of sale agreement. How do I sell my car in New Jersey is a common question for most people.

The first thing you need to do is find a Motor Vehicle Commission. There are guidelines that you need to know before you can embark on the process of transferring your car to a new owner. You should start by finding the title of your vehicle. Remove the license plates from your automobile since you are selling it.

The next procedure should be to draw up the bill of sale agreement. The agreement should be between you as the seller and the buyer of the motor vehicle. Both parties should have their telephone contacts, addresses and other personal details listed in the agreement. The details of the automobile in question should also be included in the document. The figure that the vehicle is being sold for should be well stated in the agreement.

You may want to have details such as the mileage on the sale agreement document. Both parties should sign the sale agreement document. This should be done in the presence of a notary. You need to find out how to make a bill of sale agreement. You need to find a notary who is reliable and affordable. The bill of sale agreement should also have dates to show when the sale took place.

You can take the money after you are done signing the document in front of the notary. You should now take the title and sign at the back of it. Include the date, name and address of the buyer at the back of the title. The reading of the odometer as well as the price that the vehicle is being sold for needs to be included as well. In New Jersey you do not need to visit the MVC with the buyer in order for you to complete the sale process.

You can give the buyer the vehicle keys, a copy of the bill of sale agreement and the title. Inform the buyer to report to the MVC in New Jersey before the end of 10 days. The buyer will be required to pay a fee if he comes after the stipulated time.

The back of the title should also include his drivers license number. The buyer should carry fees for registration and sales tax. He should also have an insurance card that is valid as well as the copy of bill of sale agreement. You have to pay the registration fee for the transfer to go through.

Before the new plates are out the buyer will use a temporary tag. When you have transferred the vehicle to another person you need to return your plates to a MVC agency that is nearer you. If you wish to use the same plates on another automobile then you can do so.

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